Who knows but this is pretty good news in my opinion, holes 1 and 2 have significant thickness of mineralisation and a re open down plunge and hole 3 is just confirming that ridiculous high grade was left behind below the open pit. Looks like the Green Hill zone has oxidation to a greater depth than the original Dianne sulfide ore-body but the dimensions of this oxide and possible supergene zone give me some hope that there is a decent size slug of sulfides sitting underneath that Green Hill zone, its not closed off to the SSE down-plunge at all so there is some upside still there.
It will probably be a fairly wild and woolly initial resource estimate, with not a lot of recent drilling, and some old historical drill data making up part of the estimation, but this is going to be incredibly high grade, its now more a matter of tonnage and how many tonnes they can string together. More drilling next year will give them more details and confidence in the geology.
RRR Price at posting:
48.5¢ Sentiment: Hold Disclosure: Held
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